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Redevelopmentpending

salem-fire-protection-district-agenda-2025-05-05_cab.pdf

TIF 3 Redevelopment Agreement with CCR Capital Investments approved.

$45,000Salem Fire Protection DistrictCCR CAPITAL INVESTMENTSMay 5, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Ordinance 2025-13 authorizes a TIF 3 Redevelopment Agreement between the City of Salem and CCR Capital Investments, LLC. The agreement authorizes reimbursement to renovate and rehabilitate the existing building at 207 E. Main Street, up to a maximum of $45,000 for TIF eligible project costs.

Contract Details

Contract Amount

$45,000

Vendor

CCR CAPITAL INVESTMENTS

Agency

Salem Fire Protection District, IL

Contract Type

Redevelopment

Document Date

May 5, 2025

Contract Term

NA

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